Neostellar Capital (NASDAQ:NSLR – Get Free Report) Director Ronald Lott sold 5,085 shares of the business’s stock in a transaction on Thursday, September 3rd. The shares were sold at an average price of $9.96, for a total transaction of $50,646.60. Following the completion of the sale, the director directly owned 16,432 shares in the company, valued at $163,662.72. This represents a 23.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Neostellar Capital Price Performance
Shares of NSLR opened at $10.10 on Monday. The company has a market cap of $267.35 million, a PE ratio of 2.51 and a beta of 1.40. Neostellar Capital has a twelve month low of $8.46 and a twelve month high of $14.98. The business’s 50 day simple moving average is $10.38. The company has a quick ratio of 6.76, a current ratio of 6.76 and a debt-to-equity ratio of 0.17.
Neostellar Capital (NASDAQ:NSLR – Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The company reported ($0.90) EPS for the quarter. Neostellar Capital had a negative return on equity of 12.63% and a net margin of 6,053.56%.The business had revenue of $0.30 million for the quarter.
Hedge Funds Weigh In On Neostellar Capital
Wall Street Analyst Weigh In
A number of research firms have weighed in on NSLR. BTIG Research restated a “buy” rating and issued a $15.00 price target on shares of Neostellar Capital in a research note on Friday, July 10th. Wall Street Zen downgraded Neostellar Capital from a “hold” rating to a “sell” rating in a report on Saturday, August 8th. Barrington Research set a $16.00 target price on shares of Neostellar Capital in a research note on Thursday, August 6th. Finally, Weiss Ratings downgraded shares of Neostellar Capital from a “buy (b)” rating to a “hold (c)” rating in a report on Friday, August 14th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $14.50.
View Our Latest Stock Report on NSLR
About Neostellar Capital
SuRo Capital Corp. is a business development company. The firm seeks to invest in growing, late stage, venture capital-backed private companies. SuRo Capital Corp. was founded in 2010 and is based in San Francisco, California.
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